What Founders Need to Know: You Were Funded for a Liquidity Event – Start Looking
Steve Blank
MARCH 16, 2016
But startups require money upfront for product development and later to scale. VC’s raise money from their investors (limited partners like pension funds) and then spread their risk by investing in a number of startups (called a portfolio). Currently M&A is the most likely path for a startup to achieve liquidity.
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